Parliament

MPs and Peers have been warned that proposals to publish warning notices will put some small firms out of business.

Introducing a 15-year long stop would boost investment into the advisory sector and create a "vibrant and well-capitalised community", Association of Independent Financial Advisers (AIFA) director general Stephen Gay has told Parliament.

Mark Hoban, the financial secretary to the Treasury, has backed Capita's Arch cru payment scheme and told investors they should go after their independent fnancial advisers (IFA) for compensation.

MPs have passed a motion transferring the responsibility for setting their pension payments to the Independent Parliamentary Standards Authority (IPSA).

Stephen Gay, the director general of the Association of IFAs (AIFA), and Institute of Financial Planning (IFP) chief executive Nick Cann are among those set to discuss the new financial services regulatory regime with MPs this week.

Controversial NHS reforms have taken a step nearer with the government's Health and Social Care Bill surviving its latest stage in the House of Lords.

The insurance sector has been chastised for not engaging well enough with politicians and advisers have been urged to lobby their MPs.

The British Insurance Brokers' Association (Biba) has welcomed the FSA's decision to restart its funding review of the Financial Services Compensation Scheme (FSCS).

The Pensions Bill will have its third reading in the House of Commons on 18 October.

The chief executive of the Money Advice Service (MAS) today said his organisation offers advice solely as "ordinary folk understand it", and revealed some independent financial advisers (IFAs) had helped to develop its material.